Local Lenders
Commercial National and Brady National are old fashioned banks in that
they do not generally repackage their loans and sell them. They charge very little in closing costs.
Commercial National Bank
P.O. Box 591, Brady TX 76825
325 597-2961 fax 325 597-0122
email cnbbrady@centex.net
Brady National Bank
P.O. Box 111
101 South Blackburn, Brady TX 76825
325 597-2104
http://www.bradynationalbank.com/
First American Bank is a local branch of a large full service lending
institution. They offer a wider array of loan products than do the two local banks above and
usually will make loans at a lower interest rate and will require a smaller down
payment. Pre-Qualification applications can be filled out and submitted on line
at First American's website: mortgage lending
Closing costs will be higher
than at the two local banks.
First American Bank
1109 S. Bridge, Brady TX 76825
325
597-2169
CNB "Ranch and Rural Lending" specializes in the
long term financing of ranch and recreational properties. I have
found that dealing with CNB is fast and easy.
CNB
"Ranch and Rural Lending"
P.O. Box 591, San
Angelo, TX 76902
800-588-6714
Fax: 325-658-1539 website www.cnbranchlending.com
Mason National Bank is located in the neighboring county but does have
enough knowledge of the McCulloch County market area to make loans in
this county and of course in Mason County.
Mason National Bank
111 Westmoreland, Mason TX 76856
325 347-5911 fax 325 347-6103
Here are two new lenders in this area. The promise to be very competitive
with the area's established institutions and are in business to make a variety
of types of loans including the purchase of rural land for recreational
purposes.
First Ag Credit
325 597-2167
website www.agmoney.com
Capital Farm Credit
431 Ft. McKavett Street
Mason TX 76856-0110
Toll-Free 877 959-5500 325 347-6653 FAX
325 347-5311
website www.capitalfarmcredit.com
Federal Land Bank Association of Brady
www.bradylandbank.com
P.O. Box 1231, Brady TX 76825
325 597-2252 fax 325 597-2983
Federal Land Bank Association of Texas
www.flbatexas.com/
Brady Mortgage 325
597-2658 118 East 2nd, Brady
Abilene Mortgage 325 597-6303
Here are some links to web sites that I have communicated with and have
stated that they are willing to make home loans in this area including small
dollar amount loans and loans to those with less than perfect credit.
Out of area lenders